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OKEA Extends Offshore Maintenance and Modifications Services Deal with Aker Solutions Until 2028

Mar 11, 2022

Norwegian oil and gas company OKEA has awarded Aker Solutions a seven-year extension to their existing maintenance and modifications frame agreement, covering work on all installations offshore Norway operated by OKEA.Aker Solutions said that the contract was a substantial one…

VARD Delivers Asia's First Newbuild Service Operation Vessel

Mar 11, 2022

Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…

Offshore Wind Industry Coming to Australian Waters

Mar 11, 2022

Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious…

Equinor Drills Dry Well Near Snorre Field Offshore Norway

Mar 11, 2022

Norwegian oil company Equinor Energy AS, the operator of production licence 057 (part of the Snorre Unit), has completed the drilling of wildcat well 34/4-18 S and the well is dry.The well was drilled about 7 kilometers north-west of the Snorre…

Frontera to Lend $35M to CGX for Guyana Drilling

Mar 11, 2022

Guyana-focused oil companies Frontera Energy Corporation and CGX Energy, joint venture partners in the Corentyne block offshore Guyana, said Friday they'd entered into a $35 million loan deal that will enable CGX to continue to finance part of its share of costs related to the Corentyne Block…

Norway's Equinor Halts Trading Russian Oil - CEO Opedal Says

Mar 11, 2022

Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow's invasion of Ukraine, Chief Executive Anders Opedal said on Thursday.A growing energy crisis from buyers steering clear…

Malaysia: Kimanis Oil Exports to Fall in May on Field Maintenance

Mar 11, 2022

Exports of Malaysia's flagship Kimanis crude oil are set to fall to six cargoes in May, down two from April, due to maintenance at oilfields offshore Sabah, a preliminary loading schedule showed on Friday.Shell, the operator of the oilfields that produce Kimanis…

Senior US Officials Have Been in Touch with Oil Company Execs -White House

Mar 10, 2022

Senior U.S. officials have talked with oil company executives in regards to the Ukraine crisis and high oil prices, White House press secretary Jen Psaki said on Thursday.Pskai declined to identify what oil companies officials have had conversations with…

Decommissioning: Corals on Oil Platforms Could Kick-start the Deep-sea Ecosystem

Mar 10, 2022

In the late 1990s, the cold-water coral Lophelia pertusa was first reported growing on the legs of oil platforms in the northern North Sea. As these platforms reach the end of their operational lives, many are being decommissioned and brought ashore…

VIDEO: Allseas' Pioneering Spirit Vessel Installs 25,000t Johan Sverdrup P2 Platform

Mar 10, 2022

The second processing platform (P2) was earlier this week installed for the Johan Sverdrup Phase 2 development offshore Norway using Allseas' giant Pioneering Spirit vessel, in a single lift operation.This follows the installation of the jacket…

Name Change for Northern Ocean's Offshore Drilling Rig Duo

Mar 10, 2022

Oslo-listed drilling contractor Northern Ocean on Thursday said Thursday that it would change the names of its two semi-submersible drilling rigs West Bollsta and West Mira.The two 6th generation offshore drilling rigs, used for drilling operations offshore Norway…

Noble Corporation and Maersk Drilling Select Board Members of Merged Company

Mar 10, 2022

Offshore drilling companies Noble Corporation and Maersk Drilling, which are set to merge, on Wednesday announced Board of Directors for the combined company, to be effective upon the closing of the business combination announced on November 10…

Israel's President Visits Turkey to Thaw Frosty Ties as Gas Interest Grows

Mar 10, 2022

President Isaac Herzog embarked on Wednesday on the first visit by an Israeli leader to Turkey since 2008 as the regional rivals seek to overcome years of animosity.Turkish President Tayyip Erdogan invited Herzog, whose post is largely ceremonial…

Ørsted-Eversource JV Taps Nexans for Revolution Offshore Wind Farm Export Cable

Mar 10, 2022

Paris-based offshore cable making and installation company Nexans has won a contract with Ørsted and Eversource to install and protect the export cable link for the Revolution offshore wind farm in the U.S.The project will connect the wind farm…

Zinus' Shore Power for Shell's Electric Catamarans in Singapore

Mar 10, 2022

Norway-based Zinus, a supplier of shore power products and autonomous solutions for ports and vessels, has secured a contract with Penguin Shipyard International in Singapore for the delivery of a fully automatic charging solution to three electric passenger catamarans Penguin is building for Shell…

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